Definition

A sum of money that is given as a loan or advance, often for specific purposes such as covering expenses or services.

Example

The government provided an imprest to cover the costs of the project.

Conversation

Have you ever heard of an imprest system for managing funds?

Yeah, I think it’s a way to streamline expenses, right?

Exactly! It helps keep track of money that's lent out.

That sounds really efficient for budgeting.

Synonyms & Antonyms

Root Explanation

Imprest originates from the Middle English word 'imprest', which comes from the Old French 'emprunter', meaning to borrow. The term refers to a sum of money lent or advanced, particularly in a business context.

Memory Tip

Think of 'borrowing' ('emprunter') money when you hear 'imprest' — it helps you remember that it refers to a sum of money that is lent.

Visually Confused Words